THOUGHT FOR THE DAY

The argument against capitalism isn’t that it makes us poor. It’s that it makes us unfree.

Like the great transformative presidents, today’s socialist candidates reach beyond the parties to target a malignant social form: for Abraham Lincoln, it was the slavocracy; for Franklin Roosevelt, it was the economic royalists. The great realigners understood that any transformation of society requires a confrontation not just with the opposition but also with the political economy that underpins both parties. That’s why realigners so often opt for a language that neither party speaks. For Lincoln in the 1850s, confronting the Whigs and the Democrats, that language was free labor. For leftists in the 2010s, confronting the Republicans and the Democrats, it’s socialism.